Caesar H. Fiorini, Jr., CPA, CIA
*** ******* *****, *******, ** 07607
Phone: 973-***-**** email: ******.*******@*****.***
PROFILE:
Accounting and auditing professional specializing recently in real estate ownership, construction and development accounting. Areas of expertise include financial reporting, investment management, forecasting and economic analysis.
PROFESSIONAL EXPERIENCE:
Alfred Sanzari Enterprises 2010-
Controller
Oversee the accounting department for a family owned real estate developer, owner and construction manager of commercial, retail and industrial properties, in addition to seven residential properties and a separate hotel and spa facility
Responsible for the oversight of all financial matters for the company and its related entities
Responsible for the preparation of consolidated GAAP basis financials, management of all cash investments, monthly and quarterly reporting to the CEO
Supervise a staff of six accounting and human resource professionals
Perform business valuations for estate appraisals and taxes, cost segregation studies for multiple properties and entities. Cost segregation studies I spearheaded saved owners 4 million dollars in personal taxes.
Refinanced entire property loan portfolio of over $150mm at much reduced interest rates
Manage all construction project accounting and billing
Performed detailed accounting work for a long running, pre-existing legal case with a past tenant that led to a $7mm judgment in the firm’s favor
Scope includes 2.6 million Sq Ft of Commercial, Retail and Industrial property, in addition to seven residential properties and a separate Marriott Hotel and spa facility, for a second generation family business with gross revenue in excess of $90 million and ongoing development and construction projects of $15-20mm annually.
Pantzer Properties / Panco Management 2005-2010
Controller
Oversaw acquisition, development and financing of multiple residential units that were purchased as 'value-added' projects in multiple states – total of approximately 800 units and $12mm in development costs.
Coordination and performance of all property level accounting activities with support of five staff members. Oversee current portfolio of 10 Class A properties in NY, NJ, MD, DE and VA with 3,300 units in addition to a $100 million dollar strategic real estate private equity fund.
Responsibilities:
Financial Statements – Prepare and review GAAP and cash basis property financial statements (Balance Sheet, Income Statement and Statement of Cash Flows). Prepare monthly operating reports detailing operational performance of assets. Oversee all accounting and financial reporting for $100 million strategic real estate fund.
Asset Management – Work closely with managing directors to provide proper financial data and reports needed to model assets and make recommendations regarding property.
Budgets – Prepare detailed annual operating and capital budgets, including re-forecasts, as needed.
Tax Returns – Assist external auditors in preparation of income tax returns for both property and investor level entities.
Cash Management – Manage working capital requirements and cash availability projections. Manage escrow funding sources available to optimize cash flow.
Due Diligence – Prepare necessary financial information in support of capital transactions.
Annual / Interim Audits – Assist external auditors in year-end audit work scope and preparation of required financial statements.
Stone Mountain Management Corp., Short Hills, NJ 1994-2005
Controller
Oversaw $10M in development projects. Each project involved large scale condo unit buyouts and conversion of those units to
high-end rental units.
Handled all financial management of $25M+ of residential, commercial and industrial space.
Hands-on responsibility for all daily accounting activities for 11 properties in New Jersey and nine in Houston, Texas. Managed monthly, quarterly, and annual financial reporting to owners and lenders for New Jersey and Texas operations. Prepared federal and state partnership and corporate tax returns. Special projects included property acquisition due diligence and refinancing. Also liaison with owners, tenants, contractors, vendors, and outside auditors. Supervised a multi-state staff of 8-10. Implemented a conversion from Skyline to Timberline and to MRI software.
EDUCATION:
B.B.A. Accounting, Univ. of Massachusetts, summa cum laude with Honors.
Beta Gamma Sigma business honor society
PROFESSIONAL STATUS:
Certified Public Accountant
Certified Internal Auditor
COMPUTER SKILLS:
MRI, Skyline, IBS, Timberline, Turbo Tax, Microsoft Office